The golden AIoT Opportunities for (Battery) OEMs

Why Connect Batteries?

Intelligently implemented solutions enable manufacturers to monitor performance and use at a product level and seamlessly return user data to gain powerful insights.

Among a host of other applications, these solutions will also influence the battery industry significantly. It becomes imperative for executives of these corporations to tap into this opportunity to revamp business models and augment service levels.

However, they face grappling questions, such as -

• Can existing OEMs build a new business with AIoT?
• What are the tangible business outcomes of AIoT?
• Can IoT ever be strategic, or is it a Fear of Missing Out (FOMO) decision?
• Is AI IoT another excuse for endless innovation budgets?

Data indicates that to differentiate in the battery industry, enabling OEMs with AIoT is the path to a more sustainable value chain. AIoT will aid immensely in inventory forecast, inventory optimization, supply chain excellence, and Just in Time production. With a clearer understanding of various elements up and down the line, OEMs and their partners across the industry can reposition themselves to reduce costs and increase revenue.

The AIoT ecosystem will accelerate OEM’s growth, providing stakeholders across the value chain with a differentiated experience. There are three distinguished roles in the AIoT ecosystem: Users, OEMs, and Partners, all enabled seamlessly by the AIoT stack. The user will consume the benefits produced by the ecosystem and feed performance, and use data in real-time to the OEMs.